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. >> i think obama won because republicans underestimated him, and they did it through a little self delusion that goes back to 2010 when they considered it to be a referendum on barack obama. it was not a referendum on barack obama. it was a referendum on the economy and the incumbent, but not barack obama the person. republicans thought it would be a slam-dunk in 2012, but what did they miss? they missed the fact that the turnout in 2010 was so far below what it was in 2008, and the people who did not turn out in 2010 -- young people, african- americans, women -- came out in big numbers for barack obama because they never did leave him. what we saw in 2012 was almost 2008 before. 2010 was an anomaly and they read too much into it and underestimated obama. >> according to "the boston globe," a couple of days before election day, mitt romney's manager signed in the to the effect that the race was unmistakably moving in mitt romney's direction. how could they have been so wrong? >> denial. in the polling, they assumed a smaller turnout by democrats than they got, but what they were re
to mark. >> as senate leaders work behind closed doors, president obama and republicans issued it messages on the web. >> we cannot afford itself- inflicted when to the economy. the economy is growing. keeping it that way means the folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff, each side says the other is to blame. correct we can still avoid going over the fiscal cliff if the president and senate step forward and work with republicans to solve the problem. >> all over the country, uncertainty is in the air. >> it is not a matter of whether i will pay might not like bill, but it will the played my savings. >> it is the perceived impact that could cause a drop in sails. >> getting a deal is up to the 's top democrat and republican. >> we are engaged in discussions in the hopes we can not come forward as early as sunday with a recommendation. >> whatever we come up with will be in perfect. some people will not like it. some people will like it less. that is where we are. >> harry reid and mitch mcconnell say they're confident they can find a c
the fiscal cliff, president obama and republicans issued dueling messages on the web. >> we cannot afford the self inflicted wound to the economy. the folks you send to washington have to do their jobs. >> reporter: if the nation goes over the fiscal cliff next tuesday each side says the other is to blame. >> we can avoid the fiscal cliff if the president and the democrat-controlled senate step forward and work with republicans to solve this problem and solve it now. >> reporter: all over the country right now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill but is it going to deplete my savings. >> even if the impact isn't real, the perceived impact could cause a dropoff in sales. >> reporter: gets a deal is up to the top democrat and top republican. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. that's where we are. >> reporter: harry reid and mitch mcconnell say they are confident they can
days away unless congress acts. one step forward, two steps back. president obama and republican lawmakers have been dancing that waltz for six weeks now, but the music stops when the countdown clock at the bottom of your screen runs out. so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to
having the republicans own that failure and putting them in a box the if you will. and president obama giving lawmakers here two options, one, to come up with their own alternative proposal which is something that senate majority leader harry reid and minority leader mitch mcconnell will bring to a vote, or put mine to a vote. >> and chrkristen, i did not he about the sequester or the spending cuts that people are talking about in the fiscal cliff, and the debt e creeling that tim geithner said that we would have to raise any day now, and is this the next couple of months in terms of the debate? does the white house have a strategy of dealing with both in the next phase? >> well, they are quite clear that there's probably just too much at this point to put that in this initial package and specifically the debt ceiling, and saying there is no way to address that right now. they know that is the next big hurdle they are going to have to face once they deal with the immediate issue of the tax hikes and spending cuts, so i believe that you are absolutely right. in terms of the strategy f t
obama says that congress must act now to avoid economic disaster. he has been meeting with republican and democratic leaders to reach a deal to avoid tax hikes and spending cuts that take effect january 1. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of the latest fiscal crisis. obama said he was modestly optimistic about the agreement by senate leaders on a compromise bill that could be voted on by monday. that is just two days before 6 under billion dollars of automatic tax hikes and spending cuts begin to take effect -- $600 billion of automatic tax hikes and spending cuts take effect. >> we want to make sure that unemployment insurance is still available for 2 million people and lay the groundwork for additional deficit reduction and economic growth steps to take in the new year. but let's not miss this deadline. >> we are working hard to get there in the next 24 hours. i'm hopeful and optimistic. >> whenever we come up with will be imperfect. some people will not like it, some people will like it les
is the worst republican in the country to put up against barack obama. >> if you've got a business, you didn't build that. >> president obama promised to begin to slow the rise of the oceans and to heal the planets. my promise is to help you and your family. >> when you pick up that ballot to vote, you will face the clearest choice of any time in a generation. >> there are 47% of the people who will vote for the president no matter what. 47% who are with him. >> i have just called president obama to congratulate him on his victory. >> and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. >> when a president is seeking a second term voters have clear options, stay the course or throw the bum out. so what 2012, karen in the end, was it a referendum or a choice? that's the question that we kept having. >> it was the exact question we kept asking a year ago. given the state of the economy, given how most people felt whether the country was on the right track, it should have been a referendum on barack obama's performance. b
votes in the house to repeal obama care. these are republican votes, john boehner kind of presided, and, obviously, they were going nowhere. but you have republicans over and over again, simply holding symbolic votes to make a point, and then when it comes to real votes, they simply say, no. the tea partiers who were elected in 2010, really have had their way. and the one distinction we see, coming out of that 2010 election and the tea partiers and what they did, is to have a congress that is absolutely at loggerheads and gridlock and is incapable of functioning. >> let me ask you something, professor reich. you know, a lot of us ignore common sense or what's right beneath our noses, so to speak, or like edgar allen poe's purloin letter, hidden in plain sight, what is the deal? why is it that republicans are so bitterly opposed to president obama? is it his race? is it his youth? is it his party? what is it that has aroused such deep and bitter suspicion and resistance to this man? >> well, i think it's some of all of the above. it's also that president obama came into office at a time
in 2013 and 2014, but i do think it's obama's onomy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said last year that i felt strongly at the beginning of the campaign. the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the middle class sure enough, president obama shifted to a middle-class message that resonated, if only at the margin that was sufficient for victory. are the republicans learned anything here? are they going to start talking about working men and women? working class and the american dream. >> i think they are. i think the presidential race was a real problem. because itas never growth. it was always about this and that and detail. romney wasn't the issue. the issue was obama. it was the worst single recovery in the u.s. th
as president obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a deadline-oriented city, and this coming week brings one that is a real doozy, billions in tax increases and across-the-board spending cuts take effect. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of govern
. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being stupid." >> i think the solution will probably be neutered and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for examp
hours after supreme court upholds president obama's healthcare law republicans already setting a date to repel it. >> whatever the politic its today's decision is a victory for people all over this country whose lives will be more secure because of this law and the supreme court decision to uphold it. >> live outside the movie theaterrer in aurora, colorado. 12 dead. 58 people injured after a gunman opened fire in the movie theater. >> tonight the tickets complete. >> i am deeply honored and excited to join you as your running mate. >> and good afternoon from new orleans where, well, it has been raining and they are waiting for isaac to come ashore. >> what do you mean shut up? okay. i accept your nomination for president of the united states. >> greta: this is a fox news alert. an american worker murdered and at least one other wounded in the american consulate in libya. >> there was a systematic failure of leadership within the state department that really contributed to what happened on september 11th. >> coastal communities are flooded up and down the eastern seaboard for hundreds
barack obama and once there is a republican president in place to pass this initiatives that create better business climate. more and more deregulation committee funding of programs that have never quite been near and dear to them. i think they do believe -- of course to fast-forward a bit about the debt ceiling fiasco of 2011, but after the summer we were taken to the brink of a fiscal cliff, one we are about to see it it can come in to thinking part of the house republican leadership was maybe her tea party freshman will go home, get yelled at by constituents and they'll realize this compromise is not such a bad thing. the opposite occurred. he went home and people go to town halls tend to be the activists of their party and those people tend to be tea party and everyone screaming, why did you accept a deal? you said you would not under any circumstances read the debt ceiling. at best it's been mixed messages and the great likelihood it will be a while before we see moderation. >> is this further look at the freshman from his second term members of congress and save if only we cou
, both the democratic and republican congressional leaders left the white house without saying a word. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote. earlier in the day, republicans blamed president obama for the stalemate. >> i agree that it is the p
, the presidential election the main event, starting with eight serious republican candidates vying for the nomination. ethnic voters flexed their political muscle, giving president obama an unexpectedly early election night win over republican rival mitt romney. california's public education system was saved from severe budget cuts with the november passage of governor brown's proposition 30, but voters didn't say yes to all taxes. an attempt to tax soda in richmond failed, as did a statewide tobacco tax on the june ballot. new districts drawn by a citizens commission and the voter-approved top two primary system shook up races for congress and the state legislature, putting a record number of freshmen in the assembly and giving democrats a rare supermajority in sacramento. it was the beginning of realignment of the state's criminal justice system, and voters approved reform of the state's tough three strikes sentencing law. the economy sputtered but finally showed signs of improvement in the housing and job market, but in silicon valley, the highly anticipated facebook ipo fell fl
programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the physical cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend lesson fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the ballpark is all decked-out for the game this afternoon against the u.s. n
before taxes go up for all americans and federal programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the bowl game is al
is to obstruct barack obama and once there is a republican president in place from the two pass this initiative secreted better business climate, more and more deregulation committee funding of programs that have never quite been near and dear to them. of course to flash forward a day, i suspect we'll talk about the debt ceiling fiasco of 2011. after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messages and a great likelihood it will be a while before we see moderation. >> is this for the leadership looks at the freshman, many of them second term members of congress and think if only we could control them. isn't the case for leadership as it is out of sync or is t
their meeting with president obama. >> i talked to the republican leader bob this is generally -- about this generally. we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have another caucus a following that, and hopefully by that time we will have made a determination, senator mcconnell and i, and we can do something on the floor in addition to what i talked about. we do need that time to have everybody kind of step back a little bit. if we come up with something, it is not that easy. we're dealing with big numbers. i think it was a very positive meeting. there was not a lot of clarity in the meeting. everyone knows how important it is. -- hilarity in the meeting. everyone knows how important it is. >> i share the view of the majority leader. we had a g
of the leaders from senator reid on the democratic side to speaker boehner for the republicans obviously they didn't go to the cameras after the this meeting here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins us. you said it is a total dereliction of duty at every level. >> we still haven't even behe gun to deal with the issues causing the fiscal insolvent say we are facing and that is the entitlements. nothing has been discussed. it is not on o the table. we are not going to deal with it this year. it will be the issue we deal with running into the debt ceiling around mid march to the economy will continue to have a pail over it because we have not dealt with the issue that our
. this is the way that obama wins injuries the media will declare him the winner. this is the way the republicans in the house get out of this box because they are going to vote no, not be primaried and then the train is on the track and sadly i think what is going to happen, sean hannity is the predictions of ernst and young and the cbo is between 250,000 and 700,000 private sector jobs lost because of this deal and that will be hung around the neck of barack hussein obama. >> you are saying bill cunningham that the people not being considered here are the american people. >> us. >> sean: washington is failing america at this moment because on top of it, they are not dealing with the real problem. >> no. >> sean: and all this discussion. >> sean, bill is right. >> sean: 6 cents of every dollar. >> can i just add? there is a difference between boehner and gingrich. gingrich led that revolution in 1994 when came back into the -- back to his caucus and said he had worked out something with bill clinton, the caucus viewed him as the leader of their revolution. he had -- he could move that caucus. th
, how the republicans rollback the obama administration to make it weak and ultimately overtake it and how they maintain that power once it got it. a lot of it is cloaked in the argument of what is good for america but there's not a whole lot of policy prescription in there. >> robert thank you. very good to see you and enjoy so much talking to you. robert draper. please buy his book. thank you very much. [applause] >> you don't always find many newspaper editors in any era embracing investigative reporting but the point we have seen over the years is it's not just economics, it's come for that investigator reported causes in the newsroom. it's troublesome. is that more than the economics. if you're going to ruffle the feathers of somebody powerful that gets those people running into complaint to the publisher and their stories are legion over the years about those events happening. and i were fortunate to the 70's and almost all of our careers to work for people who are really strong and upright in that area and just let the chips fall made -- where they may and where the work
largely situational. it's not a new story. president obama has been hit by republicans who gave george w. bush a pass for the fundraising debt. and whereas democrats gave george w. bush with his record number of fundraisers were not seen badly when bill clinton and barack obama were each holding their fundraiser. it's a multi-president story. there's a section in the book where i talk about how this really has risen over time and the media coverage of it. it's now to look at president obama's re-election fundraising numbers and look at them as dwarfing his predecessor which they do, but starting with the first president bush, there's media story after media story about president bush launching into unprecedented fundraising. then the second president bush and barack obama. this played out over time. host: under fundraisers jointly benefiting re-election campaigns for the d.n.c. and the r.n.c., the first three presidents, carter, reagan, and george. with. bush, no recents -- with george h.w. bush had 22 and then i think the 220 is left over from the first column. do you know how much join
. the villain in chief, and after he left the white house, there was the moment in 2008, when republicans decided wait a minute, no, bill clinton is this by-gone symbol of an era, in moderation, they sang his praises for four years, set him up as the good democrat, against obama's bad democrat, and what happens, the good democrat vouches for the bad democrat and disarmed what a lot of republicans were saying about barack obama. >> you have made a reasonable argument. >> i think the enviable one was rick perry, who made the step of going full anti-out immigrant zealotry. >> it totally destroyed rick, he dispatched rick perry on the attack of the hundred thousand subsidy, which allowed the undocumented students to go to the university and pay in-state tuition. romney destroyed him. but in that rhetoric, he sealed his fate in the general election with the latinos, who he got blown out and provided a huge margin in the swing states. >> that is a good point, my point is, of course, the anonymous video operator, who captured the 47%, which is why we happen to have the tape. why it happened to b
with something, then you've got barack obama's proposal. >> joy, even before it gets to the house republicans, there are plenty of republicans in the senate who can mess this up, right? even if mcconnell and reid have a deal, there's no guarantee that there isn't a single tea party-backed senator. >> well, i mean, at the end of the day, look, mitch mcconnell is a much better leader of his caucus. and mcconnell has really controlled the leaders. the fact that he's meeting with harry reid means there probably isn't going to be a filibuster. i'll find that very surprising. the problem is that never have we seen, not in my lifetime, a weaker speaker of the house of representative than john boehner. john boehner has essentially thrown up his hands and walked away from this process. he's walked away from the constitutional mandate that senate and tax bills come from the house, not the senate. and he's said you guys pass something. they were going to pass something. it's the house that's the problem. it's always been. and this is the same congress that has been behaving this way for two years. >> th
and the republicans to do a deal with obama. the simple reason, tom, obama will not agree to any significant spending cut. so why give him any kind of a grand bargain that the press will give him credit for and he can end the year as some kind of victorious guy? if you look at the u.s. deficit is about $4 trillion a year. these tax increases cover about 400 billion. that's 9 or 10%. that's. it the rest of this battle is over entitlements. i mean the democrats could solve this whole thing simply by agreeing to a minor increase, just a two year increase. >> the president did put that on the table and the republicans reject that. the real issue here is there going to be a self-inflicted wound to the economy? the uncertainty here. either way taxes on the wealthy are going up. they'll go up under a deal approved in the last hours which may or may not happen or if it doesn't, there's no deal, then we go over the so-called cliff and the tax goes up there. so either way taxes are going up. >> if the president wanted a deal on entitlements, all he has to do is raise the age from social security to 65 to 67, m
, when barack obama got renominated, was it fair? >> when i look at the republican convention, the coverage, there was an effort to fear but i think they fell off the knowledge. it was clint eastwood and new famous empty chair. suddenly somehow a hollywood actor who was brought in because he had done the ad during the superbowl that seemed to be pro obama, but here he is endorsing mitt romney that was bigger than anything that mitt romney did. that is the most memorable event from a convention that i believe not only did mitt romney stand up but also paul ryan and several hispanics did an excellent job to present a conservative reason to oust president obama. >> nobody remembers the flap over god was going to be on the platform. clint eastwood got all the attention. >> there is a certain rule here. republicans to have learn it. if the whole essence is a tightly choreographed event, then you do that. you put things to help you better, rubio was terrific and videos of the families, those were moving and nobody saw them because they were in the wrong hour, in the middle of it. do
toss. do we like mr. romney, mr. obama, prefer the republicans and the democrats. for the mass of people sent the system cannot be debated because everyone agrees, then we focus elsewhere on things like whether you can have a gun in the back of your truck or whether you can approve of being marriage or a whole host of other issues whose importance on not disputing, but are issues that get us away from this thorny problem of how the economics and politics are articulated where they're is a desire of those who run the society that that simply be ruled out of order. >> the corporations that dominate what most people in this country see here, perfecting the art of propaganda and manufacturing consent well simultaneously criminalizing dissent. i want you to talk about the very origins of this which could be traced to the much revered and in my view much overrated founding fathers, the political rally. people talk about them in hushed tones. let's hear what they have to say about these kinds of issues. james madison who wrote with hamilton the federalist papers, principal writing of
in conjunction with senator mcconnell. senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. so stay tuned right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. he is also an entrepreneur, with his own movie studio >> his movies have grossed over $600 million. >> it means i get to rein
's now just three days away. president obama's modestly optimistic the top democrat and republican in the senate can work things out. jessica yellin has more on what needs to happen in order to make a deal. >> alison, christy, hi. well, the good news is, things could have been worse. it does seem those of us watching the sidelines as though time is running out. congress does some of its best, at least the speediest work when the nation's back is against the wall. >> reporter: after a rare oval office meeting, the president said he's modestly optimistic a deal can come together, emphasis on modestly. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> reporter: all sides left in agreement, at least over their next step. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. >> so on saturday, the senate leaders will try to agree on l
will be on republicans. however president obama is the commander in chief, so he will undoubtedly get some of the blame as well. there's a lot of pressure for them to get something done over the next two and a half days. we have already seen the markets impacted, consumer confidence has been down and when you talk to folks, craig, they say, they are frustrated and they are worried about what this will mean for their paychecks. >> kristin welker, thank you. >>> negotiations on the hill ultimately coming down to a few key individuals and their staffers. for more on that, i want to bring in the senior political editor, mark murray. thank you for sticking around. >> thanks for having me. >> over the past month, president obama has been spending a lion's share of his time negotiating with speaker boehner, that did not work. what can you tell us about the key individuals involved in the process now, president obama, senator majority leader harry reed and mitch mcconnell. what is the tone? >> it's all about the senate right now, that is one of the more remarkable developments. all along we thought it would be
is constructive and i think it moved us forward. well see. >>reporter: republicans blame president obama for the collapse of a bigger deal which would have cut spending and reduce the debt. >> it is the president's responsibility to layout a plan and to bring people together. >>reporter: tonight senate majority leader reid and senate republican leader mcconnell agreed to spend the weekend working on plan that will be able to pass both chambers of congress. in assessing the impact of the cuts we relied on the study from george mason university taking a broad look at where the cuts would come. drill down into specifics we call head start program. we called health care centers and laboratories and anybody who would rely on federal money this might be cut and what we were told universally is that nobody really had an idea of which programs would be cut and which programs would be spared. they are all waiting for the word from congress. like the rest of us. 7 news. >> and we wait. warning tonight from pg&e. utility is sending out tweet right now warning people that a man with hispanic
connell. senator reid says he is awaiting good faith proposals from the republicans. president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >> never in a million years. even the first time i did it, i didn't think it would last as long as it did. >> the greatest gift in my life is what my audience has given me. >> and she's a fine girl. brandy back to
of the middle class tax cuts. i can't tell you what the number it will be. obama's for 250,000. republicans are for something higher. but i do think there's a lot of prospects for a deal. but it will be like getting close to the deadline on new year's believe. >> that sound about right. susan, though, no matter what happens here, no matter what deal comes out republicans are going to be able to help but come out looking bad at the end of this, are they not? >> i think everyone will stumble off the fiscal cliff if you will. we're going to have a patch. and yes, the republicans right now are not looking as good as they would hope to especially after the election. >> that's putting it lightly. >> it's a nice saturday afternoon. there's no reason -- but fact is that they do have one more card to hold. and that's the debt ceiling debate. and that's something where they could really be strong on spending cuts. if they have to give in and come up with this patch, everyone is going want this debt ceiling done before the president's state-of-the-union or hopefully before his inaugural speech. so the
. but there is a way in which congress, and particularly congressional republicans may actually be helping president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you don't want to be blamed for going over it. it is going to be bad for the economy. it's bad for the country. what speaker boehner's done is create a situation in which we're going to go over the fiscal cliff. but the people who want higher taxes, the democrats, they're not going to be blamed for it. after all, it was john boehner who walked away from negotiations to try plan "b" last week. then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john boehner has
understand it, is a big sticking point. obama wants to see it go up. the senate republicans will insist that it stays at its kurnt rate. this is what happens when you make deals with very little time to spare. you basically force your respective party forces to swal slow what you give him. >> thank you. we'll be back in a moment. this is "hardball" the place for politics. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a supe
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